Recent content by FRMNinjaLeonardo

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    FAQ After Exam Work Experience Verifying Time 2020/2021

    Got my work experience approval this morning. I submitted my work experience on 13 July and I sent email to follow up on my submission’s status every two weeks. The customer service is quite responsive, although they cannot provide a specific timeline when your submission going to be reviewed.
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    Exam Feedback May 2021 Part 2 Exam Feedback

    Passed with 1 1 1 2 2 1 I will recommend BT to anyone that plans to take FRM
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    Exam Feedback May 2021 Part 2 Exam Feedback

    first one, I remember the question was asking "time-weighted discrete default rate", which I calculated using geometric average and get the answer D. The second one, is the question saying someone observed the market volatility is increasing, and asking the direction (increase/decrease) of...
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    Exam Feedback May 2021 Part 2 Exam Feedback

    Choice C: default correlation of the originator (Bank xxx) of the mortgage and the CDO protection (CDS) seller increase. I think the originator has nothing to do with the CDO here, as it already transferred the credit risk to the SPV. It would be the default correlation between the underwriter...
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    Course Errors Found in 2021/2022 Study Materials P2.T5. Market Risk

    On p.59 of the notes for T5 R5 Tuckman's ch9, the model highlighted in blue is wrong
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    Exam Feedback November 2020 Part 1 Exam Feedback

    login to your GARP account
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    Exam Feedback November 2020 Part 1 Exam Feedback

    results are out Passed 1,1,1,1 So glad I chose BT and thanks for all the support
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    Exam Feedback November 2020 Part 1 Exam Feedback

    Yeah, that's crazy. Why don't Garp just allow erasers?
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    Exam Feedback November 2020 Part 1 Exam Feedback

    I thought about simple delta during the exam, but I remember the exam did not provide the option price
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    Exam Feedback November 2020 Part 1 Exam Feedback

    There is one question about the delta hedge of a long call position. The question provides a one-step binomial tree of the stock price (with S0 and up movement S1 and down movement S1). I could get the volatility with changes of up movement, but the question does not provide risk-free rate. Does...
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    FAQ Exam Can we correct or change our answers on the exam?

    there is plenty of area in the booklet, should be enough for calculations
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    PLEASE READ: Publishing Process for 2020

    @Nicole Seaman Is the practice question set for Topic 4, chapter 7 Operational risk missing? Or is it combined with other chapter's question set?
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    Errors Found in Study Materials P1.T1. Foundations (OLD thread)

    On page 19 of the study material of Chapter 5 (MPT & CAPM)
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